UniCredit Invests in German FinTech Banxware


Share post:

UniCredit is investing in Banxware as part of FinTech’s latest equity round. This investment highlights UniCredit’s aim to collaborate with FinTech to expand lending offerings to existing business customers and tap into a new customer base.

Business customers, such as JustEat Takeaway (Lieferando), SumUp, Agicap, and more, can gain quick financing solutions to manage their business activities.

UniCredit will support direct investments in Banxware to accelerate its transformation journey and focus on digital technology to deploy new finance business models to serve clients better and attract new ones.

The new Strategic Investment Team, part of Group Strategy & ESG, will manage the transaction and explore investment opportunities.

Read More: UniCredit invests in German fintech Banxware

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.


Please enter your comment!
Please enter your name here


Related articles

Trading Technologies acquires ATEO to expand its post-trade solutions in global markets

Trading Technologies, a global capital markets technology company, has acquired ATEO SAS, a provider of post-trade solutions for...

Fiserv seeks to acquire Shift4 Payments – Reuters

According to Reuters, Fiserv is competing with Amadeus IT Group for the acquisition of payment processor Shift4 Payments. Shift4,...

Oliver Wyman announces acquisition of Innopay

Oliver Wyman, a management consulting firm and a Marsh McLennan business, has announced the completion of its acquisition...

How FinTech-Bank Partnership Can Redefine Digital Banking

As the digital payment ecosystem evolves, banks recognize the importance of partnering with FinTech companies. However, many of...